JBS (OTCMKTS:JBSAY) Reaches New 1-Year High - Here's Why

Jbs S.A. (OTCMKTS:JBSAY - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $14.81 and last traded at $14.53, with a volume of 64532 shares trading hands. The stock had previously closed at $14.56.

Analyst Upgrades and Downgrades

Separately, Barclays reissued an "overweight" rating on shares of JBS in a report on Thursday, March 27th.

JBS Price Performance

The stock has a market capitalization of $14.83 billion, a price-to-earnings ratio of 10.78 and a beta of 0.86. The company has a current ratio of 1.47, a quick ratio of 0.85 and a debt-to-equity ratio of 1.80. The company's 50 day moving average is $12.32 and its 200 day moving average is $12.15.

JBS (OTCMKTS:JBSAY - Get Free Report) last posted its earnings results on Tuesday, March 25th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.19). The firm had revenue of $20.18 billion during the quarter, compared to analysts' expectations of $115.12 billion. JBS had a net margin of 1.79% and a return on equity of 14.29%.

About JBS

JBS SA, together with its subsidiaries, engages in the processing of animal protein worldwide. The company trades in beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It produces and commercializes leather, steel cans, plastic resin, personal care and cleaning products, and collagen, as well as wet blue leather, semi-finished, and finished leather products.